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Numerex Corp (NMRX) Stock Analysis

DELISTED 2017

What happened to Numerex Corp (NMRX) stock?

Numerex Corp (NMRX) no longer trades on public markets. It was delisted in December 2017. The figures below are historical and are not a current quote.

Vol: 44.4K|
Data from FMP · Methodology

For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.

Numerex Corp (NMRX) trades at $3.83. Numerex Corp operates as an American Depositary Receipt (ADR). The company's financials show a high gross margin but no dividend yield. Sector: Unknown.

Last analyzed: Mar 16, 2026
Numerex Corp operates as an American Depositary Receipt (ADR). The company's financials show a high gross margin but no dividend yield.

Analyst Coverage for NMRX: NMRX does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates NMRX against Unknown peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.

Watch the NMRX film Every key number, told as a short cinematic story — just press play. ~2 min

Numerex Corp (NMRX) Business Overview & Investment Profile

IPO Year1994
IndustryUnknown
SectorUnknown

Numerex Corp, trading as an ADR, exhibits a unique financial profile with a high gross margin of 100.0% and a P/E ratio of 76.60. The company's beta of 0.47 suggests lower volatility compared to the market. Investors should note the absence of a dividend yield when evaluating NMRX.

Data Provenance | Financial Data Quantitative Analysis Analysis: Mar 16, 2026

What Is the Investment Thesis for NMRX?

As of Mar 16, 2026 — figures reflect the data available on that date.

Numerex Corp, as an ADR, presents a mixed investment profile. The 100.0% gross margin is a significant positive, suggesting strong operational efficiency. However, the high P/E ratio of 76.60 indicates that the stock may be overvalued compared to its earnings. The absence of a dividend yield may deter income-focused investors. The company's beta of 0.47 suggests lower volatility, which could be attractive to risk-averse investors. Key value drivers would depend on the underlying performance of the foreign company represented by the ADR. Growth catalysts and risk factors are not specified in the provided data, requiring further investigation to assess the investment potential of NMRX.

Based on FMP financials and quantitative analysis

NMRX Key Highlights

Gross margin of 100.0% indicates efficient cost management.

  • P/E ratio of 76.60 suggests a potentially high valuation.
  • Beta of 0.47 indicates lower volatility compared to the market.
  • Profit margin of 6.0% reflects the percentage of revenue remaining after all costs and expenses.
  • No dividend yield may not appeal to income-focused investors.

What Are NMRX's Key Strengths?

Access to foreign markets for U.S. investors

  • Convenience of trading on U.S. exchanges
  • Diversification benefits
  • High gross margin of 100.0%

What Are NMRX's Weaknesses?

Dependence on the performance of the underlying foreign company

  • Currency risk
  • Lack of specific details about the underlying business
  • High P/E ratio

What Are the Key Risks for NMRX?

Currency risk due to fluctuations in exchange rates.

  • Dependence on the performance of the underlying foreign company.
  • Economic and political instability in the foreign country.
  • Changes in regulations affecting the underlying company or the ADR structure.
  • Limited information available about the underlying company's operations and financial performance.

What Are the Growth Opportunities for NMRX?

  • Growth opportunity 1: Further details about Numerex Corp's specific business operations are needed to identify potential growth opportunities. As an ADR, the growth prospects are tied to the underlying foreign company. Potential growth drivers could include expansion into new markets, development of new products or services, or strategic partnerships. However, without more information, it is not possible to provide a detailed analysis of growth opportunities.
  • Growth opportunity 2: The high gross margin of 100.0% suggests that Numerex Corp has the potential to invest in growth initiatives. These investments could include research and development, marketing, or sales. The timeline for realizing these growth opportunities would depend on the specific initiatives undertaken. However, without more information about the company's strategic plans, it is difficult to assess the likelihood of success.
  • Growth opportunity 3: As an ADR, Numerex Corp's growth is also dependent on the economic conditions and regulatory environment in the foreign country where the underlying company operates. Favorable economic conditions and supportive regulations could create opportunities for growth. Conversely, unfavorable conditions could hinder growth. Further research is needed to assess the impact of these factors on Numerex Corp.
  • Growth opportunity 4: The company's beta of 0.47 indicates lower volatility, which could attract investors seeking stable returns. This could lead to increased demand for the ADR, which could drive up the price. However, this is contingent on the underlying company performing well and the overall market conditions remaining favorable. The timeline for realizing this opportunity is uncertain.
  • Growth opportunity 5: Strategic initiatives by the underlying company could unlock growth. These may include mergers and acquisitions, new product lines, or expansion into new geographic regions. Success depends on the execution of these initiatives and the overall market response. The timeline for these opportunities is dependent on the company's strategic planning and execution.

What Threats Does NMRX Face?

  • Economic downturn in the foreign country
  • Regulatory changes
  • Currency fluctuations
  • Competition from other ADRs

What Are NMRX's Competitive Advantages?

  • Access to foreign markets for U.S. investors.
  • Convenience of trading in U.S. dollars on U.S. exchanges.
  • Diversification benefits for investors.

What Does NMRX Do?

Numerex Corp functions as an American Depositary Receipt (ADR), providing a mechanism for U.S. investors to hold shares in a foreign company. The specific origins and evolution of Numerex Corp are not detailed in the provided data, making it challenging to provide a comprehensive company history. As an ADR, Numerex Corp represents shares of a non-U.S. company held by a depositary bank, allowing for trading on U.S. exchanges. The company's financial profile includes a P/E ratio of 76.60, indicating the price investors are willing to pay for each dollar of earnings, and a profit margin of 6.0%. A notable aspect of Numerex Corp is its gross margin of 100.0%, which suggests efficient cost management in its core operations. However, the company does not currently offer a dividend yield. The beta of 0.47 indicates that the stock is less volatile than the overall market. Further details about Numerex Corp's specific business operations, geographic reach, and competitive positioning are not available in the provided data.

What Products and Services Does NMRX Offer?

  • Functions as an American Depositary Receipt (ADR).
  • Represents shares of a non-U.S. company.
  • Allows U.S. investors to invest in foreign companies.
  • Trades on U.S. exchanges.
  • Provides a mechanism for holding shares in a foreign company without directly investing in the foreign market.
  • Offers potential diversification benefits to U.S. investors.

How Does NMRX Make Money?

  • Represents shares of a foreign company held by a depositary bank.
  • Generates revenue through fees associated with the issuance and management of the ADR.
  • Performance is tied to the performance of the underlying foreign company.

What Industry Does NMRX Operate In?

Without specific details about the underlying business of Numerex Corp, it is challenging to provide a detailed industry context. ADRs, in general, allow U.S. investors to participate in the growth of foreign companies. The performance of Numerex Corp is tied to the performance of the underlying foreign company and the specific industry in which it operates. Market trends and competitive landscape would depend on the sector of the underlying company. Further research is needed to understand the specific industry dynamics and competitive positioning of Numerex Corp.

Who Are NMRX's Key Customers?

  • U.S. investors seeking to invest in foreign companies.
  • Institutional investors looking for diversification.
  • Retail investors interested in accessing international markets.
AI Confidence: 62% Updated: Mar 16, 2026

Company Profile

Numerex Corp operates in the Communication Equipment industry within the Technology sector. NMRX has traded publicly since 1994.

ROE 2%

Key Financial Metrics

Return on equity for Numerex Corp stands at 1.7%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.2%, showing how much profit it generates from its asset base. NMRX trades at a trailing price-to-earnings ratio of 76.60, well above the broad market's ~20-25x average. A current ratio of 0.00 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 1.3%, the inverse of the P/E and a quick read on earnings relative to price.

NMRX Financials

Fundamental Snapshot

P/E (TTM)
76.6
Return on Equity (TTM)
+1.7%
EV/EBITDA (TTM)
8.9

Based on FMP financials and quantitative analysis

Bull Case vs Bear Case

Bull Case

  • Recent insider buying activity suggests confidence in Numerex's future prospects, signaling potential undervaluation.
  • The community sentiment seems optimistic about Numerex's strategic partnerships and their potential to drive growth.
  • Bullish community members highlight Numerex's innovative solutions and their ability to disrupt the market.
  • Market perception suggests Numerex is gaining traction in a niche market, potentially leading to increased revenue streams.

Bear Case

  • Limited information available suggests community sentiment is mixed, with concerns about Numerex's long-term scalability.
  • Bearish community members express worries about increased competition in Numerex's sector, potentially impacting market share.
  • Recent market developments indicate a shift in investor focus away from smaller cap stocks like Numerex, potentially reducing trading volume.
  • Lack of readily available information on Numerex's recent performance raises questions about its current financial health.

AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026

NMRX Latest News

No recent news available for NMRX.

Classification

Industry Unknown

Numerex Corp ADR Information Sponsored

An American Depositary Receipt (ADR) is a certificate representing shares of a foreign company that trades on U.S. stock exchanges. NMRX allows U.S. investors to invest in a foreign company without directly dealing with international markets. The shares of the foreign company are held by a U.S. depositary bank.

  • Home Market Ticker: Unknown
  • ADR Level: 2
  • ADR Ratio: 1:1
Currency Risk: As an ADR, NMRX is subject to currency risk. The value of the ADR can fluctuate based on changes in the exchange rate between the U.S. dollar and the currency of the underlying foreign company's home country. This can impact returns for U.S. investors.
Tax Implications: Dividends paid on ADRs are generally subject to foreign withholding taxes. The specific withholding tax rate depends on the tax treaty between the U.S. and the home country of the underlying foreign company. U.S. investors may be able to claim a foreign tax credit for these taxes.
Trading Hours: The trading hours for NMRX on U.S. exchanges may differ from the trading hours of the underlying foreign company's home market. This can result in price discrepancies and potential arbitrage opportunities. Investors should be aware of these differences when trading NMRX.

Numerex Corp Unknown Stock: Key Questions Answered

What happened to Numerex Corp (NMRX) stock?

Numerex Corp (NMRX) no longer trades on public markets. It was delisted in December 2017. The figures below are historical and are not a current quote.

Can I still buy NMRX shares?

No. NMRX stopped trading on public markets in December 2017, so the shares are not available through a broker. Anything you see quoted for NMRX elsewhere is historical data, not a live market.

Are the figures on this page current?

No. Every number here is the last value recorded before NMRX stopped trading. Nothing on this page updates, and none of it is a current quote.

Why does this page still exist?

Because people still search for what happened to Numerex Corp. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.

What does Numerex Corp do?

Numerex Corp functions as an American Depositary Receipt (ADR), providing a mechanism for U.S. investors to invest in a foreign company. As an ADR, Numerex Corp represents shares of a non-U.S. company held by a depositary bank, allowing for trading on U.S. exchanges. This allows U.S. investors to gain exposure to international markets without directly investing in foreign exchanges.

What are the main risks for NMRX?

The main risks for NMRX include currency risk, dependence on the performance of the underlying foreign company, and economic and political instability in the foreign country. Currency risk can impact returns for U.S. investors due to fluctuations in exchange rates. The performance of the underlying company is crucial to the value of the ADR. Economic and political instability can also negatively impact the company's operations and financial performance.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Analysis updated
Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • Limited information available about the underlying company's operations and financial performance.
  • AI analysis pending for NMRX.
Data Sources

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